GOODS AND SERVICES TAX INDIA

By: Mukul G Asher - Profe orial Fellow, Lee Kuan Yew School of Public Policy, National University of Singapore India, a federal country with 29 states and seven union territories and a population of a...

In this post, we will discuss the impact of GST on small businesses and startups with a turnover of up to ₹50 lakh. Now, the GST has a concept of “composition scheme”, where one has to pay tax @1 or 2% on the total turnover with fewer compliances. However, this system is full of technical traps, and believe me, even a small mistake can cost you lakhs of rupees in penalties.

NEW DELHI -- With the winter se ion of the Parliament to begin tomorrow, finance minister Arun Jaitley has one objective — to get the Goods & Services Tax Bill rolling. The 62-year-old union minister...

NEW DELHI -- Following a complete washout of the Monsoon Se ion, the government is now seeking to schedule a two-day se ion of the Parliament next month in a bid to pa the Goods and Services Tax Bill...

NEW DELHI/MUMBAI -- A surprise delay to India's new goods and services tax (GST) marks one of the most painful setbacks suffered by Prime Minister Narendra Modi's government as it nears the end of a f...

NEW DELHI — The Narendra Modi government put all it had into pa ing the GST bill and still failed to get past an united opposition in the Rajya Sabha, who insisted on further legislative scrutiny. In...

NEW DELHI — The Narendra Modi government put all it had into pa ing the GST bill and still failed to get past an united opposition in the Rajya Sabha, who insisted on further legislative scrutiny. In...

NEW DELHI -- With no consensus in sight and the government facing a number crunch in the Rajya Sabha, the contentious land bill may be referred to a joint committee of both Houses of Parliament and th...

Prime Minister Narendra Modi had promised bold reforms in his election campaign. After a year in office, major reforms are still awaited and his government has not been able to get crucial legislation...

NEW DELHI — It was a tense few minutes in Parliament yesterday when 12 members of the Bharatiya Janata Party voted against a clause for the Goods and Services Tax Bill by "mistake", prompting finance...

NEW DELHI — The lower house of parliament pa ed a bill on Wednesday that seeks to transform India into a common market, bringing multiple state and central levies into a single national goods and serv...

The Goods and Services Tax (GST) Bill was tabled in the Lok Sabha today. This bill has faced stringent opposition from states in the past, the main reason why the bill couldn't be pa ed by the previou...

New Delhi, Dec 17 (PTI) The Cabinet today approved the Constitution Amendment Bill on Goods and Services Tax (GST), clearing the way for its introduction in ongoing se ion of Parliament to bring about...